IDEAS home Printed from https://ideas.repec.org/a/igg/jide00/v11y2020i3p1-21.html
   My bibliography  Save this article

Financial Literacy Imperative for Success of Women Entrepreneurship

Author

Listed:
  • Neeta Baporikar

    (Namibia University of Science and Technology, Namibia & University of Pune, India)

  • Susan Akino

    (Independent Researcher, Uganda)

Abstract

Women entrepreneurship can be the driving force to steer nations globally towards the achievement of economic and social development goals through job creation and poverty alleviation. However, financial literacy is an essential and intangible resource that is critical for growth, success, and sustained competitive advantage. Yet, lack of financial literacy is one of the key challenges affecting the business growth of women entrepreneurs. Hence, adopting a qualitative approach and data collected through the interview method from twenty-three women entrepreneurs selected through purposive sampling based on the criteria of an established business for five years with at least three employees, the study aimed at investigating the financial literacy imperative for the success of women entrepreneurship. Findings indicate that financial literacy greatly influences the success of women entrepreneurship and hence recommends group-based and focused training for women entrepreneurs through suitable programs to equip and enhance financial literacy among women entrepreneurs.

Suggested Citation

  • Neeta Baporikar & Susan Akino, 2020. "Financial Literacy Imperative for Success of Women Entrepreneurship," International Journal of Innovation in the Digital Economy (IJIDE), IGI Global, vol. 11(3), pages 1-21, July.
    • Handle: RePEc:igg:jide00:v:11:y:2020:i:3:p:1-21
    as

    Download full text from publisher

    File URL: http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJIDE.2020070101
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Antonio Duréndez & Julio Dieguez-Soto & Antonia Madrid-Guijarro, 2023. "The influence of CEO’s financial literacy on SMEs technological innovation: the mediating effects of MCS and risk-taking," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-26, December.
    2. Umair Baig & Batool Muhammad Hussain & Vida Davidaviciene & Ieva Meidute-Kavaliauskiene, 2021. "Exploring Investment Behavior of Women Entrepreneur: Some Future Directions," IJFS, MDPI, vol. 9(2), pages 1-15, April.
    3. Florence Wanjiru Githaiga & Hannah Orwa Bula, 2023. "Financial literacy and entrepreneurial sustainability of women investment groups in Nairobi, Kenya," International Journal of Science and Business, IJSAB International, vol. 30(1), pages 55-66.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:igg:jide00:v:11:y:2020:i:3:p:1-21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journal Editor (email available below). General contact details of provider: https://www.igi-global.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.